Tuesday, February 9, 2016 —
The Board of Directors of Telenet Group Holding NV (hereafter "Telenet") acknowledges that Mr Balan Nair has voluntarily submitted his resignation as director of Telenet's Board. Pursuant to section 18.4 of Telenet's articles of association, the other directors have decided to co-opt Mrs Dana Strong as the new director of Telenet with immediate effect. The next Telenet General Meeting will decide on the definitive appointment of Mrs Dana Strong.
Bert De Graeve, Chairman of the Board of Directors: "Firstly, and on behalf of the current directors and management, I would like to thank Mr Balan Nair for his extremely valuable contributions and commitment to making Telenet one of the best performing and innovative cable companies in the world. I am also particularly pleased that we can welcome Mrs Dana Strong as director of Telenet. Mrs Strong has accrued extensive expertise over many years at the Liberty Global group. She is familiar with the context in which Telenet operates, has extensive international experience concerning transformation processes, combined with in-depth strategic and operational knowledge. The arrival of Dana Strong also introduces more diversity within the Board of Directors. We look forward working with her."
Dana Strong, who started at the Liberty Global group in 1999, held several positions before becoming Chief Transformation Officer at Liberty Global. She was COO at Virgin Media, CEO at UPC Ireland and COO at AUSTAR Entertainment in Australia. In her current role as Chief Transformation Officer at Liberty Global, she identifies strategic and operational opportunities in collaboration with CEO Mike Fries.